{"id":76130,"date":"2026-08-10T10:01:43","date_gmt":"2026-08-10T08:01:43","guid":{"rendered":"https:\/\/tcm.be\/?post_type=glossarium&#038;p=76130"},"modified":"2026-08-13T01:13:28","modified_gmt":"2026-08-12T23:13:28","slug":"purchasing-power","status":"publish","type":"glossarium","link":"https:\/\/tcm.be\/en\/glossarium-en\/purchasing-power\/","title":{"rendered":"Purchasing power"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Purchasing power<\/strong> is the quantity of goods and services a consumer can buy with their disposable income. It is influenced by income, taxes, inflation and any wage adjustments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Falling purchasing power, including through inflation, often leads to more payment arrears. In practice, the number of <a href=\"https:\/\/tcm.be\/en\/glossarium-en\/installment-plan\/\">instalment plans<\/a> and <a href=\"https:\/\/tcm.be\/en\/glossarium-en\/debt-mediation\/\">debt mediation<\/a> trajectories then rises.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Governments try to keep purchasing power on track by periodically <a href=\"https:\/\/tcm.be\/en\/glossarium-en\/indexation\/\">indexing<\/a> wages, benefits and pensions when the <a href=\"https:\/\/tcm.be\/en\/glossarium-en\/pivot-index\/\">pivot index<\/a> is exceeded.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The definitions in this section reflect the Belgian situation, unless otherwise stated. The texts summarise concepts in everyday language and should not be read as comprehensive or definitive. Suggestions or corrections may always be sent to <a href=\"mailto:glossary@tcm.be\">glossary@tcm.be<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Updated: 10\/08\/2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-76130","glossarium","type-glossarium","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/glossarium\/76130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/glossarium"}],"about":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/types\/glossarium"}],"wp:attachment":[{"href":"https:\/\/tcm.be\/en\/wp-json\/wp\/v2\/media?parent=76130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}